Walmart

David Glass helped to keep the franchise in Kansas City following the death of founding owner Ewing Kauffman in 1993. read more

CCI noted four alleged practices on both Flipkart and Amazon—exclusive launch of mobile phones, preferred sellers on the platforms, deep discounting and preferential promotion of private labels. read more

The Competition Commission of India (CCI) said it was ordering a wider probe following a review of allegations that Amazon and Flipkart were promoting some “preferred sellers” and in turn hurting business for other, smaller sellers. read more

The brick-and-mortar exit comes after a decade of struggle in India, whose government has repeatedly stymied global consumer brands in order to protect local store-owners. read more

Large US retailers are rushing to comply with a new law, the California Consumer Privacy Act (CCPA), which becomes effective at the start of 2020 and is one of the most significant regulations overseeing the data collection practices of US companies. read more

With the new agreement, Walmart, Flipkart and Ninjacart aim to offer better access of high quality fresh produce to more retailers and consumers in the country even as they economically empower farmers. read more

Digital sales this year are also likely to get a big boost from orders through social media platforms like Youtube, WeChat, Instagram and Facebook. read more

In August, a man killed 22 people at an El Paso, Texas, Walmart and injured 26 others. He is accused of deliberately targeting Mexicans and has pleaded not guilty. read more

Amazon and Google now vie with local startup Paytm, Walmart-PhonePe and a host of other players in a digital payments market forecast to quintuple to $1 trillion by 2023. read more

From the poshest neighbourhoods to teeming slums, typical Indian kiranas are cramped spaces that can just about fit a king-size bed but are chock-full of sacks of rice, lentils and dried chili peppers. read more

While overwhelmingly optimistic about their outlook for India, the business executives had sought further action on ease of doing business and innovations, Guruprasad Mohapatra, secretary of department for promotion of industry and internal trade, told... read more

The biggest change is that women players will get higher payouts of Monopoly money than men, said its makers Hasbro toy firm - though men can still win if they play their cards right. read more

The US retail giant launched its first site in the South Asian nation of 1.3 billion people in 2013 and is locked in a fierce battle with Walmart, which bought a 77-percent share in local e-commerce behemoth Flipkart for $16 billion last year. read more

Regulatory filings submitted by Flipkart indicate that former co-founder Binny Bansal has sold a tranche of shares for the third time since Walmart’s takeover of the e-commerce company. read more

In other news, several Indian family offices are coming together to form a consortium to make investments on their own, driven by a lack of consistent returns and high management fees in private equity (PE) and venture capital (VC) funds. read more